it's an important part of funding the bill. it's an important part of the bill's long-term deficit reduction. also it does do something i think is important. which is president obama often says he wants to bring taxes on the rich back to where they were in the clinton years. clinton rates as he says. when you had these taxes in, his proposal to actually increase taxes on the rich, quite a bit above where they were in the clinton years. >> the new taxes on wages and investment income, they're designed to raise, the number is, $318 billion over the next ten years or about half of all the new revenue that will be collected under the health care law. it's been pointed out the new taxes also come with a marriage penalty for those who qualify. >> i'm not hugely convinced. here's the way it works. the taxes kick in for individuals making more than $200,000 or families making more than $250,000. number one, anybody who's getting married is under those levels is seeing nothing here. that's the vast, overwhelming majority of americans. n